Posts Tagged ‘money purchase’

As 2m public sector workers prepare to strike to protect their index-linked pensions next Wednesday, new research shows that 4m people aged over 50 expect to have to work beyond the current state pens...
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Twenty years after Robert Maxwell died, few people have a kind word to say about the fat fraudster. So it falls to me to swim against the tide, so to speak, and point out that no man in living memory ...
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Thousands of people who are due to retire this month will find their pension income is nearly a fifth lower than what they expected a month ago because of the global stock markets crisis. They are vic...
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The gap between public sector and private pension provision is growing wider, new evidence shows as 750,000 teachers, lecturers and civil servants prepare to strike. Saving toward retirement has becom...
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At last, some good news on pensions. Yes, those words really can go together. First, and most importantly, more of us can expect to enjoy a longer retirement. According to the Office for National Sta...
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Safety first box-ticking by company pension fund trustees, keener to cover their own backs than to boost your pension, could cut its value by 20pc. Hard to believe? Well, that’s the conclusion of an...
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Employers’ offers of “free money” topped up with generous taxbreaks are not enough to persuade “at least 3m people” to join workplace pensions that are still open to them. Now some experts c...
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Millions of savers with defined contribution or money purchase pensions are to be given more freedom to choose how they spend the money, rather than being forced to buy an annuity or guaranteed income...
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The latest dismal news about company pensions should not obscure the simple fact that if you want to be sure something is done properly you should do it yourself. Saving for retirement is no exception...
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Some savers in company pensions will face tax bills of several thousand pounds on employer contributions before they draw benefits as a result of changes the Government plans to introduce next year. P...
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